Subject to such standards and restrictions, if any, as are set forth in its limited liability company agreement, a limited liability company may, and shall have the power to, indemnify and hold harmless any member or manager or other person from and against any and all claims and demands whatsoever.
Structure Delaware Code
Chapter 18. LIMITED LIABILITY COMPANY ACT
Subchapter I. General Provisions
§ 18-102. Name set forth in certificate.
§ 18-103. Reservation of name.
§ 18-104. Registered office; registered agent.
§ 18-106. Nature of business permitted; powers.
§ 18-107. Business transactions of member or manager with the limited liability company.
§ 18-109. Service of process on managers and liquidating trustees.
§ 18-110. Contested matters relating to managers; contested votes.
§ 18-111. Interpretation and enforcement of limited liability company agreement.
§ 18-112. Judicial cancellation of certificate of formation; proceedings.